Spanish Forward Gas Update – 23/02/2021
On the last day reported on the Spanish forward gas market (February 22nd), reference prices went down all maturities due to the decrease in European gas markets.
On the 22nd, 44.3 GWh were traded for delivery in Mar-21. There were no exchanges reported in longer-term contracts.
Regarding reference prices:
Mar-21 price moved down to 15.60 €/MWh (-0.55 €/MWh).
Q2-21 price went down to 15.93 €/MWh (-0.45 €/MWh).
Cal-22 price decreased to 17.32 €/MWh (-0.28 €/MWh).
On the 22nd, Brent barrel price was 65.24 $/bbl (+2.33 $/bbl) and CO2 Dec-21 price moved up to 37.96 €/t (+0.56 €/t).
On the European gas markets: on the 22nd TTF MA price decreased to 15.97 €/MWh (-0.58 €/MWh) and PEG MA price went down to 15.89 €/MWh (-0.38 €/MWh). TTF Cal-22 was 16.40 €/MWh (-0.22 €/MWh).